Heroic Investing

rental property

Changing Demographics Shape Rental Demand

Changing Demographics Shape Rental Demand

Rental real estate isn’t what it used to be – and for investors hoping to build wealth through investment property, that’s a good thing. Changing social, cultural and economic trends are creating some surprising new groups of long term tenants with needs and interests that create both opportunities...

Read More

successful investors thnk young and old

Successful Investors Think Young – and Old

Millennials – those born between about 1983 and 2003 – now make up the largest age group in the US, eclipsing even the legendary baby boomers. On the other end of the spectrum, the number of centenarians is expected to reach over 200,000 by 2020 – nearly triple the current population. These...

Read More

 Buy Cheap Real Estate? Strings Are Attached

Buy Cheap Real Estate? Strings Are Attached

In California, a stately mansion is up for sale. The price? Just one dollar. In Detroit, a two-story house is on the market. The owner will take an iPhone for it. Or any similar device. An older home with land can be had in New Mexico for the trade of a motorcycle or running truck. Are these homes...

Read More

Are big Investors Grabbing Rental Housing?

Are Mega Investors Grabbing All the Houses?

Housing market headlines tell us it’s a good time to buy rental property, thanks to low interest rates and a hot rental market. But what if there aren’t enough houses for independent investors to buy? That’s the challenge facing hopeful investors in some US markets where large investment companies...

Read More

The Rental Market:  A Smorgasbord for Investors

The Rental Market: A Smorgasbord for Investors

The rental market is hot right now, the headlines say. Home ownership is down, and rents are going up. It’s a good time to cash in on the growing demand for rental housing. But hold on a minute. Not all rental markets are created equal. And while rents are rising and it really is a good time to be...

Read More

5 Fair Housing Mistakes

5 Things Landlords Must Know About Fair Housing

If you’re investing in income property for the long term, you’re going to be wearing a lot of hats: investor, entrepreneur – and landlord. Getting just the right renters is key to the health of your investment – but the steps you take to find and keep those tenants have to comply with the Fair...

Read More

What Makes a Good Landlord?

What Makes a Good Landlord?

You’ve found the right properties, made all the arrangements, and you’re all set to start your investing career with tenants ready to pay the rent. But that’s just the beginning. You’re a landlord now – and making those investments work for you over the long-term calls for hands on proactive...

Read More

Home Buying’s Down, But Investors Prosper

Home Buying’s Down, But Investors Prosper

New statistics show that homeownership is falling to the lowest levels in years. At the same time, rental housing is surging. Thanks to a complex interplay of factors including income, mortgage lending standards and the changing demographics of American society, it’s a good time to invest in rental...

Read More

Can Unemployment Derail Housing’s Recovery?

Can Unemployment Derail Housing’s Recovery?

Although the housing market seems to be rebounding, with higher home prices and lower mortgage interest rates, one group is conspicuously absent from the recovery: the “Millennials,” young college graduates who make up the largest demographic group in the country. And some housing professionals fear...

Read More

Can Obsolete Houses Drag Down the Market?

Can Obsolete Houses Drag Down the Market?

We expect computers, televisions and other kinds of devices to become obsolete. But what about houses? It turns out that the problem of “functional obsolescence” may be haunting the housing recovery, as potential buyers and renters are put off by homes that don’t live up to modern standards of...

Read More